Market Stability and the Two Attributes of the Objective of Housing Policy

  • CUI Guang-can
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Online published: 2018-01-26

Abstract

In addition to its social attribute of emphasizing the promotion of housing security and fairness,the objective of housing policy has attained its economic attribute of accelerating economic development,which has ultimately become dominant.The housing policy of promoting the rate of homeownership meets these two attributes,making housing construction,consumption and regulation fit the economic attribute.If economic growth and macro-regulation relies too much on housing market,family asset is assigned too much to housing,and housing policy shifts between its two attributes,then the development of housing market would be instable and unbalanced,aggravating market fluctuations.Unstable housing market not only hinders the achievement of the objective of housing policy,but also causes social and economic problems.Government should emphasize more on social attribute in housing control policy and construct housing assistance system in multiple channels.Consequently,non-residential property can work for macroeconomic regulation and control to promote the stability of housing market,keep the two attributes of the objective of housing policy in balance and achieve the ideal housing for all residents.

Cite this article

CUI Guang-can . Market Stability and the Two Attributes of the Objective of Housing Policy[J]. Journal of East China Normal University (Philosophy and Social Sciences), 2018 , 50(1) : 149 -155 . DOI: 10.16382/j.cnki.1000-5579.2018.01.013

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